Bullish on State Bank of India: Nitin Raheja, AQF Advisors

In a chat with ET Now, Nitin Raheja, CIO, AQF Advisors, shares his views about State Bank of India.

ET Now: Markets just love to hate PSU stocks. Do you think State Bank of India could be the odd one out as it has got size, the return ratios are impressive and valuations are suddenly supportive?

Nitin Raheja: Sure, if you look at the PSU bank stocks, clearly State Bank of India shows a lot of value. It has again been going nowhere and it has been trading in a range as it moves up, corrects and then comes back. But the valuations are in its favour and if we were to play the PSU banks, it would most definitely be through State Bank of India.